We'll cover the basics of California and multistate sales and use tax nexus, drop shipments, regulations and audit and appeal procedures. Gain an in-depth understanding of the myriad sales and use tax issues and planning opportunities in California and other states, and learn how various states approach the Streamlined Sales and Use Tax Agreement. We'll also review cases in sales and use tax. Course materials include an easy-to-follow drop shipment flow chart, appropriate regulations and case ci

We'll cover the basics of California and multistate sales and use tax nexus, drop shipments, regulations and audit and appeal procedures. Gain an in-depth understanding of the myriad sales and use tax issues and planning opportunities in California and other states, and learn how various states approach the Streamlined Sales and Use Tax Agreement. We'll also review cases in sales and use tax. Course materials include an easy-to-follow drop shipment flow chart, appropriate regulations and case citations.

Objectives:

Recognize the difference between sales and use tax, and the sales and use tax areas of non-compliance.
Determine nexus positions taken by states regarding the difference between economic nexus and physical nexus.
Identify how California and other states treat drop shipment transactions.
Identify business and tax decisions regarding compliance.
Determine how tax departments and audits are organized in multistates.
Identify the status of the Streamlined Sales and Use Tax Agreement.

Major Subjects:

California and multistate nexus standards.
Audit errors and refund opportunities.
Leading issues in the sales and use tax market.

Designed For:

CPAs, attorneys and other tax practitioners interested in gaining an understanding of sales and use tax topics.

Prerequisite:

Experience in sales and use tax compliance and audits.

Advanced Prep: None

Speaker: Daniel L Thompson, CPA

Vendor: CalCPA

Field of Study: Tax

Level: Intermediate

CPE Credit: 2 hours

Acronym: MSUC

Registration Fees:

Members: $70

Nonmembers: $94

Specializing in multi-state sales and use taxes, Dan's expertise covers all areas of multi-state sales and use taxation, including transaction consulting. Dan has performed sales and use tax consulting projects for many international and national companies in the financial, high tech, construction, manufacturing, motion picture, food servicing, leasing industries, and for medical and non-profit facilities. His practice also covers the constantly changing sales and use issues that are emerging from sales and marketing on the Internet. Dan earned his B.S. in accounting from the California State University at Long Beach. Dan has over 10 years of experience with the California State Board of Equalization and more than 15 years experience in public accounting. Dan was a Partner of a Big 4 accounting firm's State and Local Tax practice and a business taxes administrator with the California State Board of Equalization. As a frequent public speaker, Dan has lectured on taxation for many highly regarded tax educators, including Tax Executives Institute (TEI), Georgetown University Law Center, California Society for CPAs, Lorman Education Services, National Business Institute, Institute for Professionals in Taxation (IPT), and various business groups. He has authored articles for the Multi-state Corporation Tax Guide ? Midyear Supplement and the Journal of California Taxation. Dan is a recognized member of the American Institute of CPAs, a member of the California Society of CPAs, a certified member of the Institute for Professionals in Taxation (IPT), a member of the American Electronics Association state and local tax subcommittee (AEA). He was also chairman of the California Society of CPAs Sales and Use Tax Symposium.the exam was an impossible goal.